Avinash Kurungot
Avinash Kurungot is a B.B.A. LL.B (Hons.) Graduate from Christ University, Bangalore. Following a stint in Civil Litigation, marking appearances across the High Court of Kerala and various sub-courts, he has channelled his skills towards developing engaging tax, finance and news content.
Gone Bananas: Pazhampori set to be doused in 18% GST
The Pazhampori is Malayalis’ much adored contribution to the world. A sweet snack made of ripe banana slices immersed in a flour-batter and deep...
![Deceased Assessee’s Unexplained ₹15 Lakh Bank Deposit yielding ₹31 Interest: ITAT Remits for de novo Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Deceased-Assessees-ITAT-Surat-ITAT-Remits-ITAT-Remits-for-de-novo-Assessment-unexplained-Bank-Deposit-numerous-notices-Assessment-Year-Income-Tax-Act-ITAT-Taxscan.jpg "Deceased Assessee’s Unexplained ₹15 Lakh Bank Deposit yielding ₹31 Interest: ITAT Remits for de novo Assessment [Read Order]")
![CBDT Circular provides Time Extension for Approval of Fund u/s 80G: ITAT Restores matter to CIT(E) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Surat-Time-Extension-Charitable-Trusts-Taxscan.jpg "CBDT Circular provides Time Extension for Approval of Fund u/s 80G: ITAT Restores matter to CIT(E) [Read Order]")
“Been sitting at the Laxmi Nagar Income Tax Office, Delhi…..and there’s no sign of staff or officers” Distressed CA posts on X
A post published by Chartered Accountant ( CA ) Sanjay Sharma highlights the sad state of affairs at the Laxmi Nagar Income Tax Office, Delhi wherein the CA was kept waiting for the concerned staff...
Secondment of Employees by Samsung does not Prove PE under Art.5 of India-Korea DTAA: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court affirmed that the secondment of employees by Samsung Korea to its Indian subsidiaries would not affirm the creation of a Permanent Establishment ( PE ) in...
Government should provide Extra Staff to DRT when imposing Additional Workload to Prevent Disruption of Activities: Supreme Court [Read Judgement]
The Supreme Court of India recently advised the Central Government to allocate additional judicial staff for Debt Recovery Tribunals ( DRT ) when added workload is imposed on the Tribunals in...
Delhi HC nullifies ₹31 Lakh Income Tax Addition on Interest from FD Funds reserved for Coal-Mine Purchase [Read Order]
The Delhi High Court recently cancelled an income tax addition of ₹31 Lakh based on the accrual of interest from surplus funds parked in fixed deposits, earmarked for the acquisition of a coal mine. ...
![Delhi HC nullifies ₹31 Lakh Income Tax Addition on Interest from FD Funds reserved for Coal-Mine Purchase [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Delhi-High-Court-Income-Tax-Coal-Mine-Taxscan.jpg "Delhi HC nullifies ₹31 Lakh Income Tax Addition on Interest from FD Funds reserved for Coal-Mine Purchase [Read Order]")
Supreme Court directs Bail for Woman Charged for Non-Bailable Offence u/s 45(1), PMLA citing No Speedy Conclusion of Trial [Read Judgment]
The Supreme Court of India recently directed a Special Court to grant bail to a woman charged for non-bailable and cognizable offence, observing that the rigours of Section 45(1)(ii) of the...
